Response to the following problem:
Westway Company pays Suzie Chan $2,200 per week. By the end of week 50, how much did Westway deduct for Suzie's Social Security and Medicare for the year? Assume Social Security is 6.2% on $106,800 and 1.45% for Medicare.
What state and federal unemployment taxes does Westway pay on Suzie's yearly salary? The state unemployment rate is 5.1%. FUTA is .8%.